At a Glance
- Tasks: Lead analytics for reinsurance strategies and optimise risk financing solutions.
- Company: Join a top global insurance organisation with a focus on innovation.
- Benefits: Hybrid work model, competitive salary, bonus, and comprehensive benefits.
- Other info: Great career progression opportunities in a dynamic, supportive environment.
- Why this job: Influence strategic decisions and shape the future of reinsurance through data insights.
- Qualifications: Actuarial qualification or equivalent experience in insurance analytics required.
The predicted salary is between 58500 - 71500 £ per year.
You will join a leading global insurance organisation that provides a broad range of commercial insurance, specialty, and reinsurance solutions.
The business is seeking an Analytics Lead to join a high-performing Risk Financing team, where you will play a key role in shaping and optimising the organisation’s reinsurance strategy.
Working closely with stakeholders across Actuarial, Risk, Finance, MI, Underwriting, and external broker partners, you will be responsible for evaluating and enhancing reinsurance structures, ensuring alignment with business objectives, risk appetite, capital management priorities, and market conditions.
This is a highly visible role, offering exposure to senior leadership and the opportunity to influence critical strategic decisions through data-driven analysis and insight.
Main Responsibilities
- Support the design, evaluation, and placement of proportional and excess of loss reinsurance programmes across a range of insurance portfolios.
- Perform detailed analytical assessments to optimise treaty structures, retentions, attachment points, limits, and overall programme design.
- Assess the balance between reinsurance cost, earnings protection, volatility reduction, and capital efficiency.
- Lead modelling and scenario analysis to evaluate reinsurance performance under a variety of market and loss outcomes.
- Assess the impact of reinsurance structures on capital requirements and business performance metrics.
- Support planning and forecasting activities by quantifying the impact of reinsurance on
- Contribute to governance processes, ensuring compliance with internal frameworks and applicable regulatory requirements.
Benefits
- Hybrid working model: 2 or 3 days a week in the office
- Salary up to £120,000 + 17.5% bonus (can be flexible for the right person)
- 10% employer pension contribution
- Private healthcare and life assurance
- Comprehensive employee benefits package
- Excellent career development and progression opportunities within a global organisation
Requirements
- Qualified or nearly qualified actuary, or equivalent analytical experience.
- Experience within insurance, reinsurance, actuarial, capital modelling, pricing, or reinsurance analytics environments.
- Strong understanding of treaty reinsurance structures, including proportional and excess of loss programmes.
- Experience analysing risk, capital, and portfolio performance within a P&C insurance setting.
- Advanced analytical and modelling capabilities, ideally including Excel, R, Python, or actuarial modelling platforms.
- Strong commercial awareness and the ability to translate complex technical concepts into clear business recommendations.
- Excellent stakeholder management and communication skills, with experience influencing senior decision-makers.
For more information and immediate review, please apply now!
Reinsurance Analytics Lead in Slough employer: Lorien
Join a forward-thinking company in Manchester that values technical expertise and offers a dynamic work culture. With a focus on hybrid working, flexible hours, and a strong emphasis on employee growth, this role provides the opportunity to lead impactful projects while maintaining a hands-on engineering position. Enjoy a competitive salary, annual bonus, and the chance to shape the future of corporate infrastructure services in a supportive environment.
StudySmarter Expert Advice🤫
We think this is how you could land Reinsurance Analytics Lead in Slough
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Lorien). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Lorien. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Reinsurance Analytics Lead in Slough
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Lorien.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Lorien. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Lorien
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Lorien to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Lorien, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Lorien's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
